Showing posts with label Entrepreneurship. Show all posts
Showing posts with label Entrepreneurship. Show all posts

Thursday, 21 January 2010

Brand India


As Republic Day is around, I am tempted to post something on India. Yes of course it is the day when India's constitution was implemented, but the country has come a long way in economic growth, social satisfaction etc. 

According to management thinker Gurcharan Das, the national populace will be happy if national governance is streamlined. India's growth story has been on for the last 20-25 years now, reforms and liberalisation. The global financial turmoil (all those fancy words christianed to the crisis emanating from American Sub Prime Mortgage thing), affected India and the adjoining Dragon the least.

The rise in Double Income No Kids segment (DINK) across major metropolitan Delhi, Mumbai, Bangalore, proliferation of property by youngsters spells enthusiastic for the economy.  Quality consciousness has moved ahead of TQM, six sigma, etc. 

India's growth is driven by domestic forces that is believed to be the key reasons that India achieved more than 5% growth in 2008-2009. The growth in population has come down from sky rocketing figure, which applies only to Metros and Tier 2 cities. Anyways I don't find population a problem, the only issue for me is that the country should be able to manage the population, literate them and provide employment opportunities. However, it is easier said than done. Yes, I know many solutions to many problems exists, but when the planners narrow it down to implementation, a lot of obstacles emerge. 

India's development model is unique. As implies that one cannot redo a development model of a state and rise up the development ladder. Therefore India's growth model envisages the following viz a viz the growth models adopted by East and South-East Asian Nations:

- India's growth is driven by domestic demand, while the latter is primarily dependent on exports.
- India has become a services hub, while the later focused more on manufacturing.
- As demand is driven by domestic factors, India is a consumption economy, viz a viz investment focus by the later one.
- India has risen to a high tech capital intensive market, while the later is low tech labour intensive. 

India's domestically led growth implies that the economy is insulated from global economic shocks, less volatility, faster recovery from global crisis. On contrary, a services led highlights that India's industrial revolution did not flag off, we have to offer platform for the agrarian population to be able to fine employment in the cities. 

How will India, a capitalist economy be able to capitalise on SEZ bandwagon. Do we really need SEZ, establishments of capitalism in a capitalist economy. Chine being a socialist has adopted SEZs as islands of capitalism, but I think India should be able to provide parallel incentives across, without the need to imitate Chinese model. 

Success of India will be market led, while for China it is state induced. The concept of entrepreneurship is centric to India's growth model. Indian companies have risen globally to competitive levels like Reliance, Jet Airways, HDFC, TATA, etc. 

Counting further on India's achievement are:

- 100 Indian companies have market cap of USD 1 billion
- 1,000 Indian companies have received foreign institutional investment 
- 125 of Fortune 500 companies have R&D bases in India
- 390 Fortune 500 companies have outsourced software development to India
- 2% bad loans in Indian Banks
- 80% credit in India goes to private enterprises as against 10% in China

Counting on obstacles for India's development are:

- World's largest dynamic democracy with freedom of speech, with poor governance
- Failing institutions, coming up of judicial activism only in the metropolis
- Government is not taking up actively on social sectors education, employment, infrastructure, agriculture, defence etc
- Private sector active in the sectors which spells boom like banking, telecom, insurance, entertainment etc
- Satyam fraud, issues of corporate governance coming up and are being debated

Reference: India's Future or prosperity will spread in India but happiness will not, until we fix governance - Gurcharan Das 

Author's Note: So a friend suggests that I must expand the horizons, though my blog is meant for inner expression. Well primarily it is, actually I wish to become a spiritual, management consultant. I strive top achieve perfection in whatever possibly I can. Plus I have to share this SMS here, many of you might have received it, "We live in a funny nation, where pizza reaches home faster than police or ambulance, where we get car loan @10% interest, and education loan @ 12%."

Thursday, 20 August 2009

Net-wor(k)ld



The terms Networking and social marketing are driving the corporate agenda to new limits. While scanning through blogs I see a lot of focus on social marketing endeavours.  

Now the question:

Did the online networking tools like social networking sites like orkut, facebook, twitters, linkedin and blogs gave birth to this concept?

Or 

Did the concept paved way for the development of the online networking tools?

An article online outlined how an entrepreneur / aspiring entrepreneur locate business online. Its all there and easily accessible now. 

The networld is just as amazing as an ATM. I don't see any problem in locating information. Information is instantly served on the desktop, just a bit of effort is require when one fiddles with the mouse and type a few words. This takes me to a mail sent by a friend, which highlights google suggestions, when one types on the search box:

Why are Indians
(The drop down item with suggestions come up with some sensible search items) 

Why are Americans
(The drop down item with suggestions come up with some baseless search items) 

Why are Chinese
(The drop down item with suggestions come up with some funny search items) 

Try it have a laugh. And please suggest who came first - Social Marketing or the online world of Networking

Tuesday, 18 August 2009

Budding Entrepreneurs



Hmm well this one deserves to be read, especially for people aspiring to get into some entrepreneurial venture! 

This is called exposing the amateurs to the real time business environment. A school in Chandigarh has done it! When I think of Chandigarh I think of industry, rich brats, planned city, Dev D and now an innovative strategy to promote entrepreneurship. 

I went to the city some 3 years ago, for some work which turned out to be done, there was no need to travel there from Delhi, but still it was a remembrance... So it was me and my mom visiting the city and coming back.. But yes I liked the planned aspects of the city, greenery and wide roads with no still traffic.

Well I too had my share of business plans when I was as young as 10 years old. Me along with a kids of my age would plan hosting a fest on the terrace, put up stalls and invite kids from other blocks to join us. Though the plan always remained a plan. But I after reading this article feel that I had an amazing childhood. We had played the best of games. 

Learned cycling with my sisters, as we could not find anyone to teach us, loved to skate during evenings, dancing on the terrace, hide in some scheduled corner of house where no one, not even my dad could locate me. Many of these facets are the same. I still like to go for long walks in North Campus, I would run on the road adjacent to the DU correspondence office. 

But duh! I don't have time.......

Tuesday, 11 August 2009

Towards my métier



Word of the day flashed on my desktop. I was indifferent towards it but clicked on the flicker with an intent to add something to my intellect. I have been through the word quite a few times, but did not know the exact meaning, which goes like:

métier \met-YAY; MET-yay\, noun:
1. An occupation; a profession. 2. An area in which one excels; an occupation for which one is especially well suited

The word, strangely took me to think about my métier. What it is? I feel that I have to do few things before I make my move from the world. And of course it is my passion. Alright point taken! is my profession my métier? Or is my métier lost somewhere in the jumble-dumble of official timings and weekend offs?

While I was in college, I thought that office life is going to be fun. But the only fun part about following a profession is that one feels independent. Nothing else!! College was full of activities, slipping out of the lecture just to find something suitable which can pamper my palliate. I was least concerned about the nitty-gritties of life.

It leaves me perplexed! Let me list the things I have to do before I die. I don't know when will I die, but I have to find a way to get it:

Learn Swimming - I love water. I feel great when it rains. I soothes my senses and can take away all my agonies. I want to go to a beach and experience the sea, while swimming like a fish!

Indulge with nature - Now this is again adventure. I want to go for camping expedition, trek, climb hills and mountains and capture the view from most difficult locations. 

Spirit of adventure - Its in my blood, I think my parents have it too. I like risks and coming out of it clean. I like the feel of accomplishing something. Now let it be bungee jumping, para gliding, or hot air ballooning. Gosh I feel it will give me wings to fly! Phewwwwww~~

Travelling - I haven't travelled much, but whenever I travel I intentionally don't sleep. While travelling I have stayed awake for more than 36 hours, I don't feel sleepy and even if I do I prefer to keep my eyes open. While everyone would be sleeping on the back seat, I prefer to chat with my dad while he drives. Besides it helps in self realisation, capturing the scenic locales somewhere in my mind, just to go back home and feel great about this world. 

Entrepreneurship - I have been considering quite a few business plans, but get stuck somewhere. Don't know where to start. Probably it will take time. 

Fight wrong - My friends know very well how I fight back eve teasers. People often suggest me to avoid them, but I just cant stop myself to react at that momentary mess.

Blog - Well thankfully I am blogging! I enjoy it and the blog has shades of me, be it in the stories that I post here, or just random stuff, its all a reflection of me.

Be Myself - I don't like usage of vulgar language. I like to spend time with myself and let a rigmarole of thoughts capture my mind. Thoughts about the moon, starts, night and days, sea and mountains make rounds in my mind. 

Author's Note: 

mY nURSeRY rHYmE:
Ringa Ringa Roses
Pocket full of Poses
“Husha Busha!”

We all fall down! 
Just to get up and sing again!

My métier is to live my dreams~~~

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